01.27.2017

Romania's consolidated budget deficit posted a deficit of RON18.3 billion in 2016, or 2.41% of gross domestic product, below the government's target of 2.75% of GDP, finance ministry data showed. more

01.23.2017

Romania's social democrat government targets investments of 4.2% of the gross domestic product this year and has drafted the 2017 state budget on an economic growth projection of 5.2%, finance more

01.13.2017

The Romanian tax authority ANAF collected revenues of RON199.4 billion in 2016, up by RON2.6 billion compared with 2015 and RON3.52 billion (1.8%) higher than the planned amount, the institution said more

12.28.2016

Romania's consolidated budget deficit reached RON5.5 billion in the first eleven months of 2016, or 0.73% of gross domestic product, from a deficit of 0.17% at the end of October, finance ministry more

12.06.2016

Sanador, one of the largest private healthcare providers in Romania, has several budget scenarios prepared for 2017, development director Florin Andronescu says, but will wait and see the outcome of more

11.30.2016

The 2016 guarantee budget for the government-backed mortgage lending First Home program was raised by RON250 million, following requests from the banks registered in the program, according to the more

11.25.2016

Romania's consolidated budget deficit reached RON1.3 billion in the first ten months of 2016, or 0.17% of gross domestic product, from a deficit of 0.49% at the end of September, finance ministry data more

10.26.2016

Romania's consolidated budget deficit rose to RON3.7 billion in the first nine months, or 0.49% of gross domestic product, from a deficit of 0.41% at the end of August, finance ministry data showed. more

10.25.2016

Romania is facing problems with collecting taxes and fees, as the share of budget revenues in the GDP stagnated at 30%-31%, on the backdrop of a need to speed up the reformation of the tax authority more

09.27.2016

Romania's general consolidated budget posted a deficit of RON3.1 billion in January-August 2016, or 0.4% of gross domestic product, finance ministry data showed. more

08.31.2016

The budget for the government-backed mortgage lending First Home program will be raised in September and a five-year strategy for the program will be completed in October, so prospective buyers and more

08.25.2016

Romania's general consolidated budget posted a deficit of RON1.74 billion in January-July, or 0.2% of the gross domestic product, finance ministry data showed Thursday. more

08.03.2016

The Romanian government will adopt the budget revision in the government session on August 10; meanwhile it is opened to public debate on the website of the Finance Ministry, government spokesperson more

08.02.2016

Romania's state-owned postal operator Posta Romana contributed EUR163 million to the state budget in 2014 and 2015, as profit tax, VAT for commercial contracts, and taxes to the state budget and the more

07.29.2016

The budget revision draft stipulates the increase of the general consolidated budget revenue by RON2.92 billion and the increase of the expenses of the general consolidated budget also by RON2.92 more

07.25.2016

Romania's general consolidated budget posted a deficit of RON3.85 billion in January-June, or 0.5% of the gross domestic product, compared with a budget deficit target of 1.9% for the first six months more

07.01.2016

German-held Lidl has become the third leading retailer in Romania, after having posted more than EUR1 billion sales in 2015. The top two retailers are Kaufland and Carrefour. more

06.23.2016

Romania’s budget loses EUR8.3 billion annually due to the VAT deficit, namely the difference between the VAT to be collected and the sums actually collected, according to a PwC study analyzing more

06.22.2016

The Romanian Government on Wednesday approved the 2016 budget of revenue and expenditure for six state-owned companies, including the National Mineral Water Company, Plafar and the National more

04.25.2016

Romania's general consolidated budget posted a surplus of RON3 billion in the first three months of 2016, or 0.4% of gross domestic product, finance ministry data showed Monday. more

03.25.2016

Romania's general consolidated budget posted a surplus of RON0.8 billion in the first two months of the year, or 0.1% of gross domestic product, finance ministry data showed Friday. more

02.26.2016

Romania's general consolidated budget posted a surplus of RON4.7 billion in January, or 0.63% of gross domestic product, finance ministry data showed Friday. more

02.15.2016

Romania’s budget deficit would go over target if the representatives of the tobacco industry did not pay taxes for two months, estimated at EUR500 million, Gilda Lazar, Japan Tobacco International more

02.08.2016

The Romanian tax authority ANAF collected total revenues of RON19.25 billion in January 2016, 14% above the planned amount and 16% higher than the RON16.59 billion collected in the same period in more

01.29.2016

Romania's consolidated budget posted a deficit of 10.3 billion lei ($2.47 billion) in 2015, accounting for 1.47% of gross domestic product, below the government's deficit target of 1.85% of GDP. more